Boat Loans

BrightKey Finance can help you explore boat finance options for leisure, family use or lifestyle purposes. Whether you are buying a new boat, upgrading your current vessel or purchasing a used boat, we can help compare suitable lenders and explain the loan structure before you commit.

Looking for a boat loan?

Boat finance may help you purchase a boat without needing to pay the full amount upfront. Loan options can vary depending on whether the boat is new or used, the purchase price, your income position, credit profile and the lender’s assessment criteria.

Secured boat loans

With a secured boat loan, the boat is generally used as security for the finance. This may help with pricing or loan terms, depending on the lender and overall application strength. The lender may register an interest in the boat until the loan is repaid in full.

Unsecured boat loans

An unsecured boat loan does not use the boat as security. This may suit some borrowers who prefer not to secure the loan against the asset, although interest rates, fees and borrowing limits may differ from secured finance. BrightKey Finance can help you compare the options and understand which structure may suit your situation.